Kevin Hall recently fulfilled his long-time dream of opening a gym that offers spinning exercise classes for $10 per person. To differentiate his gym and better serve his clients, Kevin provides a towel, a bottle of water, and an after-workout protein shake to each person participating in a class, at a cost of $1.96 per person. Kevin employs four part-time instructors and pays them each $3,100 per month. He also pays himself a monthly salary of $7,600. Kevin's other monthly costs are $3,600 for rent, $2,300 for depreciation on his 32 bikes, and $1,925 in utilities and insurance. (a) What is Kevin's contribution margin per unit? (Round answer to 2 decimal places, e.g. 52.75.) Contribution margin $ per unit (b) What is Kevin's contribution margin ratio? (Round answer to 2 decimal places, e.g. 52.75.) Contribution margin ratio % (c) Prepare Kevin's monthly contribution format income statement. Assume that he teaches 6,100 clients. (Round per unit values to 2 decimal places, e.g. 52.75 and all other answers to 0 decimal places, e.g. 1,234.) Per Unit $ $ >